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Hardware has been a loss-leader for IBM consulting services for a long time. Looking at the straight P & L for hardware alone doesn't make a whole lot of sense
by fiatmoney 13y ago
Hardware has been a loss-leader for IBM consulting services for a long time. Looking at the straight P & L for hardware alone doesn't make a whole lot of sense.
The real story is that IBM has been moving to 100% offshore & H1B labor for a while, and this is just one more nail in the coffin. In a decade or so I'd be surprised if they have any US engineers outside of their research division.